Hasbro, Inc. (NASDAQ:HAS) shares fell 5.6% during trading on Thursday . The company traded as low as $96.28 and last traded at $96.48. 3,224,318 shares traded hands during trading, an increase of 66% from the average session volume of 1,939,204 shares. The stock had previously closed at $102.22.

A number of brokerages recently commented on HAS. Zacks Investment Research downgraded Hasbro from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. BidaskClub raised Hasbro from a “sell” rating to a “hold” rating in a research note on Thursday. Stifel Nicolaus decreased their price target on Hasbro from $100.00 to $97.00 and set a “hold” rating for the company in a research note on Tuesday, January 30th. B. Riley increased their price target on Hasbro from $108.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, KeyCorp set a $110.00 price target on Hasbro and gave the stock an “overweight” rating in a research note on Thursday. Nine research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Hasbro has a consensus rating of “Hold” and an average target price of $109.87.

The stock has a market cap of $12,017.13, a P/E ratio of 31.32, a PEG ratio of 1.56 and a beta of 0.86. The company has a quick ratio of 2.11, a current ratio of 2.90 and a debt-to-equity ratio of 0.93.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings data on Wednesday, February 7th. The company reported $2.30 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.82 by $0.48. The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.72 billion. Hasbro had a return on equity of 36.36% and a net margin of 7.61%. The company’s revenue was down 1.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.64 earnings per share. sell-side analysts predict that Hasbro, Inc. will post 5.31 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 15th. Stockholders of record on Tuesday, May 1st will be issued a $0.63 dividend. This is a positive change from Hasbro’s previous quarterly dividend of $0.57. The ex-dividend date is Monday, April 30th. This represents a $2.52 annualized dividend and a dividend yield of 2.58%. Hasbro’s dividend payout ratio is 73.08%.

Several institutional investors have recently made changes to their positions in HAS. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of Hasbro by 7,100.0% in the third quarter. Benjamin F. Edwards & Company Inc. now owns 1,080 shares of the company’s stock valued at $105,000 after buying an additional 1,065 shares during the period. SeaCrest Wealth Management LLC purchased a new stake in shares of Hasbro during the fourth quarter valued at $131,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Hasbro during the fourth quarter valued at $136,000. Highstreet Asset Management Inc. lifted its holdings in shares of Hasbro by 105.2% during the third quarter. Highstreet Asset Management Inc. now owns 1,584 shares of the company’s stock valued at $155,000 after purchasing an additional 812 shares during the last quarter. Finally, Moors & Cabot Inc. purchased a new stake in shares of Hasbro during the second quarter valued at $229,000. Institutional investors and hedge funds own 79.32% of the company’s stock.

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About Hasbro

Hasbro, Inc (Hasbro) is a play and entertainment company. The Company’s operating segments include the U.S. and Canada, International, and Entertainment and Licensing. From toys and games to content development, including television programming, motion pictures, digital gaming and a consumer products licensing program, Hasbro fulfills the fundamental need for play and connection for children and families around the world.

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